The Lafayette Life Insurance Company is pleased to announce that its Board of Directors has approved a record $67.3 million dividend allocation in 2020 to policyholders, once again demonstrating our strong financial position. This all-time high dividend payout marks the 115th consecutive year that Lafayette Life will be paying a dividend.
2020 Dividend Rate Increased to 5.2% The 2020 payout reflects an increased dividend interest rate at 5.2%, effective 11/23/2019 for all dividend-paying policies in the 2020 Series of Whole Life insurance products. The effective date for all dividend-paying policies written after June 15, 2005 that are not part of the 2020 Series will be 1/1/2020.
With NFG Brokerage, you no longer need to depend on a one size fits all approach. We work hard for you to create customized insurance strategies to help you deliver the most affective solutions to your clients. Your success is our success...don't delay!
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